Confluence Cuts Stake in Walt Disney
Confluence Investment Management LLC, an institutional investor, has decreased its stake in The Walt Disney Company (NYSE:DIS) by 8.2% during the second quarter.
The company's holdings in DIS were valued at $10,878,000 after selling 10,135 shares of the entertainment giant's stock.
Confluence Investment Management LLC now owns 113,021 shares of Walt Disney's stock, which represents a significant portion of the company's overall portfolio.